Friday 15 December 2017

What is says in the papers

Here's a look at what it says in the business pages of today's papers:

Irish Independent

  • The Irish arm of European healthcare clinic chain Affidea is planning to invest €25m here over the next couple of years as it expands its number of clinics.
  • Ireland's biggest private landlord, Ires Reit, believes "that the multi-residential [apartment] market is currently trading at unattractive prices".
  • Cavan, Monaghan, Kerry and Longford are the counties most exposed to the economic effects of a hard Brexit.
  • High-level contacts between senior figures at Cantor Fitzgerald and Merrion Capital do not mean a deal is imminent, insiders have told the Irish Independent.
  • The Bank of England has said a transition period after the UK leaves the European Union would give banks more time to make orderly changes as Brexit poses risks to financial stability.

Irish Times

  • Tech professionals are turning down job offers in Ireland because of the cost and availability of rental accommodation.
  • Altice, the deal-hungry cable and telecoms group controlled by Franco-Israeli billionaire Patrick Drahi, is lining up a potential $185bn bid for Charter Communications.
  • Dublin ranks outside the world’s top 20 destinations for start-up companies, according to a detailed new survey of what attracts potential new success stories.
  • Spending by North American tourists in Ireland is expected to surpass that of visitors from Britain this year, according to Tourism Ireland.
  • Worldwide revenues for augmented reality and virtual reality are set to jump 100pc or more over each of the next four years, according to new research.

Irish Examiner

  • Blockbusters including Batman v Superman and Dead Pool helped one of the cinema firms owned by the Irish Ward family to boost profits by 33pc.
  • McDonald’s Japan has hit a growth stride after recovering from a series of food scandals and plans to boost profit further by expanding food delivery and adding new burgers to its menu.

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